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Bitconnect was an investment lending platform operating in the crypto sector, known for developing a classic Ponzi scheme. The company promised its investors significant returns, paying out existing loan interest with newly pledged loans. It wasn’t the only scam ever pulled off in the industry, but it’s…

In cryptocurrencies, a block reward is the reward given to miners who have added a block to the blockchain. Depending on the digital asset in question, the attribution of these rewards may vary. However, in most cases, people who insert a block into the blockchain receive some of the coins…

A bull market is a market in which prices are rising or are expected to rise. The word is widely used by crypto investors in contrast to the term bear market, a market where most stocks are declining in value. Usually, it’s quite easy to profit in a …

An atomic swap is a peer-to-peer exchange that allows two users to exchange digital assets without going through an exchange, centralised or not. How does it work? While the core principles of an atomic swap are relatively easy to grasp, the whole thing is a bit harder to get…

Fiat currencies such as the euro (EUR), dollar (USD) or pound (GBP) have a specific denomination for hundredths of units. As you know, one pound is divided into 100 pence, each worth one hundredth (1/100) of a pound. Likewise, Bitcoin is divided into many very low units, which allow…

Robinhood has just taken another hit. Its shares dropped 10% on Thursday, 19th August, the lowest after its worst trading debut  among companies with an IPO of the same size. The company started with 55 million shares debuting at $38.  Robinhood stock is on a rollercoaster Despite promising…

Binance.US, the US branch of the trading platform, intends to raise additional capital in its upcoming funding round, according to Changpeng “CZ” Zhao, CEO of the world’s largest cryptocurrency exchange. Binance’s investor base According to Binance CEO, even despite regulatory concerns, a number of top-level investors are showing interest…

A cryptocurrency lover who took advantage of a bug in the ICON protocol to mine ICX can file a lawsuit to protect his rights in line with the decision of the federal court of California. The plaintiff’s not guilty Dailydrolls.com reports that on Monday, 9th August, US District…

In the crypto world, a 51% attack occurs when a person or a group of individuals gains control of 50% + 1 unit of the network. No one says 50% + 1 unit though, so it’s called 51% for short. When a group manages to control the majority of the…

An airdrop is a marketing campaign run by a crypto company that aims to offer project tokens to new users. In order to take advantage of this offer, individuals need to meet several requirements that differ from company to company. To participate in an airdrop programme, it is usually…

CryptoQuant, an on-chain data analytics company, tweeted that earlier this month they recorded a major shift in Bitcoin fund flows. Analysts point out that in just one day over $131 billion ( ̴ £94.1 billion) worth of BTC was moved. And only 1% of this amount is accounted for…

The central bank of Estonia has discovered what it called ‘unlimited potential’ in its pilot tests of a blockchain-based digital euro. The trial results revealed that blockchain technology could ‘in theory’ support almost unlimited number of transactions. The experiment Following a research conducted in cooperation with several other central…

The world-famous Japanese artist Murakami, who creates artworks by fusing anime and manga cartoon characters, launched his first NFT collection entitled “Murakami. Flowers” back in March. Previously, Takashi Murakami broke the boundaries between high and low art by making art relatable and easy to access, now he is closing…

Following the order to remove the Bitcoin white paper from its site, Bitcoin.org can no longer offer the Bitcoin Core software for download in the United Kingdom. Unable to download from the UK If you connect to the Bitcoin.org site from an IP address located in the UK, a…

Are stablecoins under threat? Unlike Bitcoin (BTC) and other cryptocurrencies, whose values fluctuate over time, stablecoins remain… well, stable. But this stability could be a problem. In any case, this is what it seems to be the case for Tether (USDT). Its issuance has remained stable since the beginning of June, according to data…

As Citibank rightly recalled this week, “Bitcoin’s electricity consumption is a feature, not a bug.” It is necessary to guarantee its decentralisation and cannot be obtained with the wave of a magic wand. This paper explains how Bitcoin’s decentralisation works, and why other cryptocurrencies can’t reach the mark. The legend…

In this current climate of FUD news, sometimes it is nice to have some light-hearted news. So, please put your hands together to the West Midlands for bringing us this welcome break! British police searching for the green gold, ended up finding the digital gold, Bitcoin (BTC), last week.

A group of 35 experts have taken a quick glance into their crystal balls to predict the price of Ethereum (ETH) in 2025. Their estimates range from $1,850 (~£1,304) to $100,000 (~£70,589). Ethereum 2025: what do the experts say? On 10th May 2021, a report by Finder entitled “Finder…

Under the foray of Elon Musk’s tweets and the subsequent extreme price fluctuations… sometimes, important news can go under the radar. In this particular case, it is Bitcoin and the future implementation of Taproot. Currently, however, it’s a race against time. What’s happening with miners? Right now, miners can…

Just a week after its launch, over 22,000 SwissBorg app users have deposited the equivalent of £120 million worth of BTC. They have been earning upto 9% pa paid directly in BTC every 24 hours. This is in addition to their existing yield wallets, where you can earn up…

Shortly after word spread of Vitalik Buterin’s $1 billion (~£710m) donation to a COVID-19 fund in India, Elon Musk sought the spotlight. What could possibly be his motivation this time? Musk no longer hides from market manipulation Time of the crime: 23:06 GMT. Reason? Market manipulation or Bitcoin ignorance/naivety of…

The more days go by and the more NFTs seem to gain traction. However, in this era where sharing everything is a big deal, what is the point of NFTs that we cannot all see? Enter Alex Masmej, the founder of Showtime. Let Alex tell us more. Alex Masmej: the…

Dubai’s government wants to welcome you to AIBC Dubai and to “one of the safest countries in the world”. Not only has it issued a permit to AIBC UAE – Dubai Summit for its conference on 25th and 26th May 2021 at the InterContinental Dubai – Festival City. The…

Kraken, one of the most liquid exchanges in the crypto world, suffered a huge ‘flash crash’ on 22nd February 2021 at 2:20 p.m GMT. The reference spot price for ether (ETH) absolutely collapsed, causing all other trading pairs with ETH to follow suit and head south. Security mechanisms kicked in…

Welcome to another edition of The Decryption. Following on from the presentations of the various crypto projects, Alexandre will today discuss the Elrond project with you all! You will learn about the project, but also how to participate in the upcoming airdrop. Watch the latest instalment video below! A strong…

With over 500 million active users, you’ve most likely heard of Telegram, the privacy-orientated alternative to messaging apps like Facebook Messenger and WhatsApp. Despite the fierce competition, Telegram stands out from the crowd for being one of the best encrypted messaging apps, with no adverts, cross-platform functionality, and no limits…

Its fiercest supporters, of which I am clearly a part of, see Bitcoin as a revolution that will push for a total paradigm shift in the current monetary and financial system. By comparing Bitcoin to famous quotes about revolution, it becomes obvious that Bitcoin’s chances of succeeding are growing with…